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Verizon Financial Cycles

Satisfactory Essays
In Verizon Communications Inc’s 10k annual report, there is no specific financial statement cycles presents. However, due to the nature and the size of the corporation, it can be assumed that Verizon require all financial cycles, which are sales and collection cycle, inventory and warehouse cycle, acquisition and payment cycle, capital expenditure and repayment, and payroll and personnel cycle, for an sufficient audit.
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